The changes will come into effect on 22 September at 9am.
Looking at rate decreases, the lender will lower its five-year fixed residential 90% loan to value (LTV) no-fee deal by 0.08%.
The firm will also lower its five-year fixed residential rate with cashback at 90% LTV by 0.06%, along with its two-year fixed Help to Buy rate at 75% LTV by around 0.08%.
Within its joint borrower sole proprietor (JBSP) range, its five-year fixed rate at 85% LTV will decrease by up to 0.06% and at 90% LTV, the reduction will be 0.08%.
On the holiday let side, its two-year fixed rate at 60% LTV will decrease by up to 0.1%.
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Regarding rate increases, in its residential range, the lender’s two, three and five-year fixed rate at 65% LTV will rise by up to 0.06%, while at 75% LTV the increase will be as much as 0.07%.
Principality Building Society’s two-year fixed rate at 80% LTV with no fee will increase by 0.11%, while at 85% LTV with an £895 fee, the rise will be 0.06%. Its five-year fixed rate at 85% LTV with no fee will go up by 0.06%.
For residential deals with cashback, its two-year fixed rate at 65% LTV will go up by 0.07%, and at 75% LTV the increase will be as much as 0.06%. At 85% LTV, its two-year fixed rate will go up by around 0.05%.
Within its JBSP range, the lender’s two-year fixed rate at 75% LTV will rise by 0.08%, while its five-year fixed rate equivalent will increase by 0.1%. Its two-year fixed rate at 80% LTV will rise by as much as 0.11%.
Dudley BS launches new resi and BTL deals
Dudley Building Society has brought out two and five-year fixed rates across its residential and buy-to-let (BTL) range, aimed at “providing brokers with more choice when supporting homeowners and landlords”.
This includes a residential five-year fixed rate at 60% LTV at 4.99%, a residential two-year fixed rate at 90% LTV at 5.5%.
On the BTL side, the lender has added a two-year fixed rate at 70% LTV at 5.5%, a five-year fixed rate at the same LTV tier at 5.8% and a five-year fixed rate at 80% LTV at 5.9%.
Two-year fixed rate arrangement fees are £499 for residential cases and £750 for BTL deals, and £999 for residential and £1,499 for BTL five-year fixed rates.
Rob Oliver, distribution director at Dudley Building Society, said: “Brokers tell us their clients want choice, certainty and the flexibility to adapt if circumstances change. That’s exactly what these new products are designed to offer. The two-year fixes give people the option to review sooner, while the five-year fixes provide longer term security.
“For residential borrowers, we’ve introduced options that can support both first-time buyers and those moving with more equity. For landlords, the new range is about giving them practical choices to manage cash flow and plan ahead.”
He added: “We’ve kept fees straightforward, allowed for regular overpayments, and continue to underwrite every case by hand. That means brokers can bring us complex cases and know they’ll be considered on their own merits. Combined with the earlier product launches this month, this is another step in making sure brokers have the tools they need to place more cases successfully.”
Hinckley & Rugby BS cuts BTL rates
Hinckley & Rugby Building Society has lowered the rates for two of its BTL deals to “support brokers working with landlord clients who want certainty on repayments, whether for shorter-term planning or longer-term stability”.
Its two-year fixed rate at 75% LTV will be reduced from 5.65% to 5.55% while its five-year fixed rate at 75% LTV will decrease from 5.72% to 5.64%. Both come with a £1,249 product fee.
The lender added that its variable rate for its BTL range will decrease to 4.74% from 1 October.
Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, said: “It is important brokers and their landlord clients have access to competitive options that reflect their current requirements. That is why we have reduced rates across both our two- and five-year fixes within our BTL range.
“Many landlords are carefully managing costs and weighing up whether to take short-term flexibility or opt for longer-term stability. By reducing our pricing, we are aiming to make those choices easier. It is about ensuring our products remain competitive while also supporting landlords in running their portfolios sustainably.”
